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Sumner Redstone Sets New Members to National Amusements Board, Trust

Sumner Redstone
Richard Shotwell/Invision/AP, File

Sumner Redstone named new members to the board of National Amusements and the trust that will oversee its direction in the event of his death, the latest development in a frothy business soap opera that has engulfed the executive, and Viacom Inc. and CBS Corp., the companies he controls.

Tad Jankowski, general counsel at National Amusements, and Jill Krutick, a former equity analyst, will join the trust, which would guide the fates of the two giant media conglomerates. Krutick and Kimberlee Ostheimer, Redstone’s oldest granddaughter, will join the board of the company.

This announcement comes after Redstone moved last week to remove two longtime advisors, Philippe Dauman, chairman of Viacom, and attorney George Abrams from both their trustee and director positions.

“This is my trust and my decision. I have picked those who are loyal to me and removed those who are not,” Redstone said in a prepared statement released by an attorney.

Dauman and Abrams have filed suit in Massachusetts, alleging Redstone is being manipulated by his daughter, Shari Redstone.